News Flash

Attacks on ships in the Red Sea continue to push ocean freight rates higher, triggering warnings of inflation and delayed...

The Baltic Exchange’s dry bulk sea freight index declined on Thursday, as lower rates for Panamax and supramax vessels outweighed...

The most-traded May iron ore on China’s Dalian Commodity Exchange rose 2.8% to 1,017.5 yuan ($142.50) per metric ton at...

Protection and Indemnity (P&I) insurance is a cornerstone of maritime commerce, safeguarding shipowners and operators against third-party liabilities. As we...

Activity in the S&P market was below 2022 levels, during the past year. In its latest weekly report, shipbroker Xclusiv...

U.S. liquefied natural gas exports hit monthly and annual record highs in December, tanker tracking data showed, with analysts saying...

Color Line’s two passenger ferries connecting Denmark and Norway have been running on B100 biofuel for one month, with Bunker...

In 2024, Korean shipbuilders are likely to benefit from an increase in tanker orders because of increased distances for crude...

Asia’s high sulphur fuel oil (HSFO) market extended gains for a second consecutive session on Wednesday, while the market eyed...

Stockpiles of oil products at the UAE’s Port of Fujairah climbed 10% in the week ended Jan. 1, led by...

The Baltic Exchange’s dry bulk sea freight index eased on Wednesday, as falling rates for panamax and supramax vessels overshadowed...

The threat to global trade in the Red Sea remains high, even with efforts to protect commercial vessels from attacks...

After a year of positional uncertainty, the container industry is now shedding light on the impact of the EU Emissions...

A.P. Moller-Maersk said Dec. 31 it has suspended its vessels transiting the Red Sea for 48 hours after one of...

Novatek's Arctic LNG 2 project is one of the most significant liquefied natural gas export developments in the world, and...

Energy giant Shell and offshore access provider Ampelmann have been fined $1.5 million after the feet of a worker were crushed...

The UK is reiterating that it is prepared to take direct military action in response to what Defence Secretary Grant...

Chinese authorities are investigating an accident between a new Singapore-registered bunker vessel that had just completed construction in China and...

The first-in-class carrier USS Gerald R. Ford has capped off an eight-month extended deployment in the Mediterranean and is heading home at...

The U.S. Coast Guard is reporting that there is no active fire or immediate risk aboard the cargo ship Genius Star...